The internal Auditor is responsible for planning, executing, and reporting on operational, financial, regulatory, administrative, and compliance-related audits/reviews of ACEL. A secondary role is to provide advice on internal control to ACEL management, including responding to questions on risk management techniques.

Internal Audit

• Develop risk-based annual audit plans detailing the scope, nature and timing of audit activities.
• Advise management on the resourcing requirements for the Internal Audit function, including any potential outsourcing arrangements.
• Review and finalize internal audit procedures and work programs.
• Review and finalize internal audit checklists during routine departmental audits.
• Conduct internal audits to assess the adequacy, effectiveness and efficiency of the established internal controls and procedures.
• Identify key areas of risk within the organization and propose appropriate controls to mitigate the risks.
• Identify loopholes and recommend risk aversion measures and cost savings.
• Review the accuracy, timeliness and relevance of financial information and other disclosures provided to management.
• Discuss audit findings and recommendations within team and report significant issues to Audit Committee/BOD.
• Prepare timely audit reports for management, the Audit Committee or Board of Directors.
• Ensure the timely implementation of action plans as agreed in the audit report discussion meeting.
• Contribute, as appropriate, in the year-end financial audit with the external auditors.
• Provide feedback on the performance of Internal Auditors, on audit assignments, as applicable.

Continuous improvement

• Assist the development of internal control culture.
• Conduct ad-hoc investigations and reviews as assigned by the manager or the Board of Directors.
• Lead the Audit Report Discussion meetings.
• Act as an objective source of independent advice to ensure validity, legality and goal achievement.
• Prepare and submit monthly, bi-annually and annual progress report of the internal audit department.
• Draft the Internal Audit Charter of ACEL in line with the international standards and review the document for any amendments/changes at each year-end or as and when required

Minimum CA-Inter or ACCA

Having a minimum of 6 years of total experience in which 2 years in Internal Audit.

Financial Companies experience and People from Deloitte, A.F. Ferguson (Globally recognized as PwC), EY (Ernst and Young) and KPMG will be preferred.